NIKE INC.

- USD (-)

- 15 min delayed data - NYSE Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NKE
ISIN:

NIKE INC. - Daily - Technical analysis published on 04/19/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Slightly bearish

Technical indicators

67%

28%

My opinion

Bullish above 126.11 USD

My targets

145.60 USD (+6.16%)

156.79 USD (+14.32%)

My analysis

The current short-term bullish trend is expected to quickly reset the neutral or bullish trend. To avoid contradicting the short term, it would be possible to favour long positions (at the time of purchase) for NIKE INC. as long as the price remains well above 126.11 USD. The buyers' bullish objective is set at 145.60 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 156.79 USD. If there is any crossing, the next objective would be the resistance located at 168.51 USD. As the basic trend is not clearly displayed, attention should be paid to the price reaction to the resistance at 145.60 USD. On this resistance, against the trend traders who would like to go short on NIKE INC. with a bearish signal from their trading strategy, should not hesitate to act.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

2.3

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NIKE INC. price is 137.15 USD. The price has increased by +4.19% since the last closing and was traded between 132.78 USD and 137.48 USD over the period. The price is currently at +3.29% from its lowest and -0.24% from its highest.

132.78

137.48

137.15

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of NIKE INC. in Daily shows an overall slightly bearish trend. 57.14% of the signals given by moving averages are bearish. Caution: the strong bullish signals currently being given by short-term moving averages indicate that this slightly bearish trend could quickly be reversed. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

Bullish price crossover with Moving Average 50

Type : Bullish

Timeframe : Daily

In fact, according to the parameters integrated into the Central Analyzer system, 12 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	102.55	117.57	126.11	137.15	139.01	145.60	156.79
Change (%)	-25.23%	-14.28%	-8.05%	-	+1.36%	+6.16%	+14.32%
Change	-34.60	-19.58	-11.04	-	+1.86	+8.45	+19.64
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Intermediate

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	127.08	128.70	130.16	131.78	133.24	134.86	136.32
Camarilla	130.78	131.07	131.35	131.63	131.91	132.20	132.48
Woodie	127.01	128.66	130.09	131.74	133.17	134.82	136.25
Fibonacci	128.70	129.87	130.60	131.78	132.95	133.68	134.86

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	117.00	120.66	127.06	130.72	137.12	140.78	147.18
Camarilla	130.69	131.62	132.54	133.46	134.38	135.30	136.23
Woodie	118.37	121.35	128.43	131.41	138.49	141.47	148.55
Fibonacci	120.66	124.50	126.88	130.72	134.56	136.94	140.78

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	97.81	107.28	120.92	130.39	144.03	153.50	167.14
Camarilla	128.21	130.32	132.44	134.56	136.68	138.80	140.92
Woodie	99.90	108.32	123.01	131.43	146.12	154.54	169.23
Fibonacci	107.28	116.11	121.56	130.39	139.22	144.67	153.50

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	57.95
MACD (12,26,9):	-0.4300
Directional Movement:	7.93
AROON (14):	-57.15
DEMA (21):	130.41
Parabolic SAR (0,02-0,02-0,2):	124.32
Elder Ray (13):	3.87
Super Trend (3,10):	122.98
Zig ZAG (10):	137.19
VORTEX (21):	1.0100
Stochastique (14,3,5):	62.89
TEMA (21):	132.02
Williams %R (14):	-17.28
Chande Momentum Oscillator (20):	2.60
Repulse (5,40,3):	5.7100
ROCnROLL:	1
TRIX (15,9):	-0.0900
Courbe Coppock:	5.68

MA7:	129.71
MA20:	132.24
MA50:	133.42
MA100:	145.98
MAexp7:	131.80
MAexp20:	131.33
MAexp50:	134.98
MAexp100:	141.36
Price / MA7:	+5.74%
Price / MA20:	+3.71%
Price / MA50:	+2.80%
Price / MA100:	-6.05%
Price / MAexp7:	+4.06%
Price / MAexp20:	+4.43%
Price / MAexp50:	+1.61%
Price / MAexp100:	-2.98%

Quotes : - 15 min delayed data - NYSE Stocks

News

The latest news and videos published on NIKE INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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